GERMANY

Asian Stock Markets Slump On Euro Zone Concerns

Woman walks past stock quotation board outside brokerage in Tokyo
Market sentiment continued to be negative as a report quoting former Greek prime minister Lucas Papademos stated that Greece was considering preparations to leave the euro zone. Greece will hold fresh elections June 17.
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Europe

OECD Sees Euro Zone Crisis Threatening Global Recovery

The United States and Japan are leading a fragile economic recovery among developed countries that could yet be blown off course if the euro zone fails to contain the damage from its problem debtor states, the OECD said on Tuesday.
Nikkei Stock Exchange

Asian Stocks Advance Amid China?s Growth Pledge

Asian stock markets advanced for the second day Tuesday as China's commitment to stimulate growth in the world's second largest economy and signs of cooperation between German and French leaders buoyed sentiment.
Nasdaq

Stocks Rally, China Hints At Stimulus: Daily Markets Wrap

The strain in this relationship between Germany and France was apparent Monday as finance ministers from both countries failed to resolve the question whether the euro zone would benefit from issuing joint European bonds. Berlin rejects the idea, stipulating that struggling economies need to clean up their messes before being given a reason not to.
Traders work on the floor of the New York Stock Exchange

US Stock Futures Signal Rebound Monday

Futures on major U.S. indices point to a slight rebound on Wall Street Monday after a string of losses last week amid worries Greece might leave the euro and an emerging debt crisis in Spain.
US Stock Market

US Stock Index Futures Signal Higher Open Monday

U.S. stock index futures pointed to a higher open on Wall Street on Monday, with futures for the S&P 500 up 0.85 percent, Dow Jones futures up 0.49 percent and Nasdaq 100 futures up 0.79 percent at 0842 GMT.
EU Commissioner De Gucht

EU Prepared For Possible Greece Euro Exit: Official

The European Union and European Central Bank have a contingency plan in place in the event that Greece is forced to exit the euro zone, according to EU trade commissioner Karel De Gucht. However, he did not divulge the details of this contingency plan.

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